A comprehensive look into “How does SIIB (x) work” has been among the most requested topics from my small time fans. In fact, everyone knows the importance of this specialty wing of Customs but there is barely a one stop… Continue Reading
Rule 18 of Customs and Central Excise Duties Drawback Rules, 2017 (In short Drawback Rules,2017) read with Section 75 of Customs Act, 1962 deals with recovery of amount of drawback where export proceeds have not been realized. The Drawback Rule,… Continue Reading
The below notification seeks to amend notification No. 19/2019- Customs, dated the 6th July, 2019 so as to exempt from IGST specified defence goods, to give effect to the recommendations of the GST Council in its 37th meeting dated 20.09.2019.… Continue Reading
Clearance of Liquid Bulk Cargo forms a significant part of entire activities undertaken by the Customs Officers. The process ensures incoming of many chemicals in liquid state that are otherwise not manufactured indigenously. Mainly, Liquid bulk might involve crude petroleum… Continue Reading
Essentially, the compounding of offence provides for authority to decide if the criminal proceedings can be commuted to another tool of punishing the offender. Every reported offence does not necessarily lead to the initiating of criminal proceedings. Even where the… Continue Reading
Effecting searches under Customs Act 1962 properly is critical for taking an investigation to its logical end. However, the procedure for these searches under Customs Act has to undertaken cautiously. As part of Investigation, searches are fraught of risks also… Continue Reading
Before discussing arrest under Customs Act 1962 let us dive into article 21 of the constitution. According to Article 21 of the Constitution “no person shall be deprived of liberty of his life or personal liberty except according to the… Continue Reading
Duty drawback for export is an incentive scheme to promote exports from the country. Basically, offering duty drawback acts as a catalyst of country’s exports and results in earning more of foreign exchange for the country. In its earnest spirit,… Continue Reading
Since the time immemorial, man has had a sense of business and in modern times, a person with faintest of transacting acumen, first thinks about starting a small business/proprietary concern eventually leading into a mammoth Company. As it grows, he… Continue Reading
Before initiating the discussion , it is apt to quote reference made by the Apex Court regarding unjust enrichment in the case of Mafatlal Industries Ltd and others Vs Union of India & others -1997 (89) E.L.T. 247 (S.C.). “The… Continue Reading
